Providing a unified view of contract revenue and invoice details

• US 8,666,854 B2
• Filed: 09/05/2008
• Issued: 03/04/2014
• Est. Priority Date: 09/05/2008
• Status: Active Grant

• Current Assignee: Oracle International Corporation (Oracle Corporation)
• Original Assignee: Oracle International Corporation (Oracle Corporation)
• Inventors: Usmani, Aftab, Sethi, Sameer, Mundy, Kiran, Unrau, Perry, Paulraj, Johnson, Rajkumar, Vijavanand
• Primary Examiner(s): Goyea, Olusegun
• Application Number:
  US12/205,357
• Publication Number:
  US 20100063910A1
• Time in Patent Office: 2,006 Days
• Field of Search: 705/16, 705/14, 705/9, 705/80, 705/34, 705/29, 705/40, 705/30, 705/64, 705/42, 705/39, 705/35, 715/744, 715/851
• US Class Current: 705/34
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/10 Tax strategies
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

Systems and methods are provided that provide a unified view of invoice and revenue information for a contract. One embodiment includes receiving a request to display information about a contract, and displaying, in response to the request, a financial summary interface including invoice and revenue information for the contract in the same financial summary interface. The invoice and revenue information for the contract may include contract value, invoiced amount, accrued revenue, and backlog amount.

Claims

1. A method for providing a unified view of invoice and revenue information for a contract, comprising:

receiving a request to display information about the contract, wherein the contract comprises a plurality of invoices generated over a duration of time occurring in the past;

determining by a computer an amount of accrued revenue in response to each of the generated invoices, wherein the generated invoices are billed to at least one customer, and the revenue accrues upon payment on each of the generated invoices by the at least one customer; and

displaying on a user interface display, in response to the request, a financial summary interface comprising, for each of a selectable time period of a plurality of selectable time periods within the duration of time occurring in the past, a total invoice amount and a total accrued revenue amount for the contract that occurred during each of the selectable time periods.

2. The method of claim 1, wherein the total invoice and total accrued revenue amount for the contract include at least one of contract value, invoiced amount, accrued revenue, or backlog amount.

3. The method of claim 1, wherein the financial summary interface allows a user to change a status of the contract to one of active and on hold.

4. The method of claim 1, wherein the financial summary interface includes an invoices component and a summary chart component.

5. The method of claim 4, wherein the invoices component includes information about invoices associated with the contract.

6. The method of claim 4, wherein the summary chart includes a graphical bar chart comparing invoice data and revenue data.

7. The method of claim 6, wherein the summary chart further includes a selectable component that allows a user to select a period for which to display invoice data and revenue data in the chart.

8. The method of claim 1, wherein the financial summary interface provides an invoice drilldown, wherein an invoice interface displays line-by-line information of an invoice.

9. A non-transitory computer-readable medium having instructions stored thereon that, when executed by a processor, cause the processor to provide a unified view of invoice and revenue information for a contract, which comprises:

receiving a request to display information about the contract, wherein the contract comprises a plurality of invoices generated over a duration of time occurring in the past;

determining an amount of accrued revenue in response to each of the generated invoices, wherein the generated invoices are billed to at least one customer, and the revenue accrues upon payment on each of the generated invoices by the at least one customer; and

displaying on a user interface display, in response to the request, a financial summary interface comprising, for each of a selectable time period of a plurality of selectable time periods within the duration of time occurring in the past, a total invoice information and a total accrued revenue information for the contract that occurred during each of the selectable time periods.

10. The computer-readable medium of claim 9, wherein the total invoice and total accrued revenue information for the contract include at least one of contract value, invoiced amount, accrued revenue, or backlog amount.

11. The computer-readable medium of claim 9, wherein the financial summary interface includes an invoices component and a summary chart component.

12. The computer-readable medium of claim 11, wherein the invoices component includes information about invoices associated with the contract.

13. The computer-readable medium of claim 11, wherein the summary chart includes a graphical bar chart comparing invoice data and revenue data.

14. The method of claim 13, wherein the summary chart further includes a selectable component that allows a user to select a period for which to display invoice data and revenue data in the chart.

15. A system for providing a unified view of invoice and revenue information for a contract, comprising:

a processor;

a memory coupled to the processor;

a contract management module stored in the memory and executed by the processor for managing the contract, generating at least one invoice generated over a duration of time occurring in the past, and monitoring accrued revenue;

a contract database for storing the contract, the at least one invoice, and accrued revenue data, wherein the at least one invoice is billed to at least one customer, and the revenue accrues upon payment on each of the at least one generated invoice by the at least one customer; and

a user interface module stored in the memory and executed by the processor for generating a financial summary interface comprising, for each of a selectable time period of a plurality of selectable time periods within the duration of time occurring in the past, a total invoice amount and a total accrued revenue amount for the contract that occurred during each of the time periods.

16. The system of claim 15, wherein the financial summary interface displays information regarding at least one of contract value, invoiced amount, accrued revenue, and backlog amount.

17. The system of claim 15, wherein the contract management module includes an invoice engine for managing invoice data and a revenue engine for managing revenue data.

18. A system for providing a unified view of invoice and revenue information for a contract, comprising:

means for receiving a request to display information about the contract, wherein the contract comprises a plurality of invoices generated over a duration of time occurring in the past;

means for determining by a computer an amount of accrued revenue in response to each of the generated invoices, wherein the generated invoices are billed to at least one customer, and the revenue accrues upon payment on each of the generated invoices by the at least one customer; and

means for displaying on a user interface display, in response to the request, a financial summary interface comprising, for each of a selectable time period of a plurality of selectable time periods within the duration of time occurring in the past, a total invoice amount and a total accrued revenue amount information for the contract that occurred during each of the time periods in the same financial summary interface.

19. The system of claim 18, wherein the financial summary interface includes an invoices component and a summary chart component.

20. The system of claim 19, wherein the invoices component includes information about invoices associated with the contract.

21. The system of claim 19, wherein the summary chart includes a graphical bar chart comparing invoice data and revenue data.

22. The system of claim 21, wherein the summary chart further comprises means for selecting a period for which to display invoice data and revenue data in the chart.